Betty Epperson of Epperson Realty Group - 512-630-7290
Austin Condo ManiaMLS: 5847576 $1,599,000
3 Bedrooms with 4 Baths1302 E 2ND ST 1
AUSTIN TX 78702MLS: 5847576
Status: ACTIVE
List Price: $1,599,000
Price per SQFT: $781
Square Footage: 20473 Bedrooms
4 Baths
Year Built: 2023
Zip Code: 78702
Listing Remarks
This property offers a rare opportunity to own a premier home just blocks from Austin's highly sought-after Rainey Street District while also stepping into the operation of one of Austin’s top-performing short-term rentals (STRs). In 2024, this property boasted an impressive 84% occupancy rate and generated a remarkable $190,000 in gross revenue, with projections to exceed $220,000 in 2025. It has garnered over 60 Airbnb reviews with an outstanding 4.94/5-star average rating. The home is being sold completely turnkey, including approximately $75,000 worth of high-quality furniture and home goods purchased just a year ago. Additionally, it has already amassed over $50,000 in future bookings for 2025, ensuring a seamless transition for the new owner. Because of the proven income of this property, DSCR and/or IO loans (no income or credit required) are available. Notable features include a third-story loft, a dedicated office, a plunge pool, a deck, and a one-car garage currently utilized as a game room. Don’t miss out on this exceptional opportunity. Contact the listing agent for more information!
Address: 1302 E 2ND ST 1 AUSTIN TX 78702
Listing Courtesy of COMPASS RE TEXAS, LLC
Condo Mania Agent
Betty Epperson
Epperson Realty Group
Broker/Owner
TREC # 474240
Phone: 512-630-7290
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Listing Details
STATUS: Active SPECIAL LISTING CONDITIONS: Standard LISTING CONTRACT DATE: 2025-01-01 BEDROOMS: 3 BATHROOMS FULL: 3 BATHROOMS HALF: 1 LIVING AREA SQ FT: 2047 YEAR BUILT: 2023 HOA/MGMT CO: 1302East2ndHomeOwnersAssn HOA FEES FREQUENCY: Monthly HOA INCLUDES: SeeRemarks APPLIANCES INCLUDED: BarFridge, Dishwasher, Disposal, GasRange, Microwave, Refrigerator, RangeHood, StainlessSteelAppliances, TanklessWaterHeater, VentedExhaustFan CONSTRUCTION: Frame, HardiplankType COMMUNITY FEATURES: SeeRemarks EXTERIOR FEATURES: Balcony, PrivateYard, SeeRemarks FLOORING: Concrete, Tile, Wood HEATING: Central INTERIOR FEATURES: BreakfastBar, CeilingFans, DoubleVanity, MultipleLivingAreas, OpenFloorplan, QuartzCounters, RecessedLighting, SmartThermostat, Bar, WalkInClosets LAUNDRY FEATURES: LaundryCloset, InUnit, UpperLevel LEGAL DESCRIPTION: UNIT 1 1302 EAST 2ND STREET CONDOMINIUMS 60%INT IN COMMON AREA LOT FEATURES: BackYard, CityLot, Landscaped, SeeRemarks # GARAGE SPACES: 1 PARKING FEATURES: Attached, Garage, OffStreet PROPERTY TYPE: Residential PROPERTY SUB TYPE: Condominium ROOF: Composition POOL FEATURES: Gunite, InGround DIRECTION FACES: South VIEW: CityLights, City, Neighborhood LISTING AGENT: DYLAN HAINES LISTING OFFICE: COMPASS RE TEXAS, LLC LISTING CONTACT: (512) 633-0864
Estimated Monthly Payments
List Price: $1,599,000 20% Down Payment: $319,800 Loan Amount: $1,279,200 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $8,085 Estimate does not include taxes, fees, insurance.
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Property Location: 1302 E 2ND ST 1 AUSTIN TX 78702
This Listing
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Condo Mania Agent
Betty Epperson
Epperson Realty Group
Broker/Owner
TREC # 474240
Phone: 512-630-7290
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Last Updated: 2025-01-20